LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE

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 Lagos Court Jails NOGASA Chair, Fatuyi Phillips 21 Years  for N43.5m Fraud    Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Monday, November 18, 2024, convicted and sentenced Fatuyi Yemi Philips, Chairman, Natural Oil and Gas Suppliers Association of Nigeria, NOGASA, to 21 years imprisonment for N43.5m fraud.   The Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on April 5, 2022, arraigned Philips alongside his firm, Oceanview Oil and Gas Limited, on a two-count charge bordering on obtaining money by false pretence to the tune of N43, 502,000.00   Count one reads: "Fatuyi Yemi Philips and Oceanview Oil and Gas Nigeria Limited, on or about the 28th day of September, 2016 at Lagos, within the jurisdiction of this Honourable Court, with intent to defraud, obtained the aggregate sum of N43, 502,000.00 from Elochukwu Okoye and Elebana Unique Ventures Nigeria Limited on behalf of WAPCIL Nigeria Limited under the false rep
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GATEMEN, DRIVERS,APPRENTICES CAN'T EARN LESS THAN N70,000- AKPABIO.(PHOTO).

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 Gatemen, drivers, apprentices can’t earn less than N70,000 – Akpabio


Senate President Godswill Akpabio has said employers are now mandated to pay their staff a minimum wage of N70,000.

He emphasised that even small-scale employers, including those in informal sectors like domestic work and tailoring must adhere to the minimum wage when hiring additional help.  

Akpabio said this while passing the new minimum wage bill into law on the floor of the senate. 

He said: “If you’re a tailor and you employ additional hands, you can’t pay the person below N70,000. If you have a housemaid, you cannot pay them below N70,000. If you hire a driver or a gateman, you cannot pay them below N70,000.”

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